Common use of Recoupment of Erroneously Awarded Compensation Clause in Contracts

Recoupment of Erroneously Awarded Compensation. Any incentive-based or other compensation paid to the Executive under this Agreement or any other agreement or arrangement with the Company which is subject to recovery under any law, government regulation, stock exchange listing requirement or any clawback policy adopted by the Company from time to time will be subject to the deductions and clawback as may be required by such law, government regulation, stock exchange listing requirement or clawback policy. In addition, if the executive is or becomes an executive officer subject to the incentive compensation repayment requirements of the Dxxx-Fxxxx Xxxx Street Reform and Consumer Protection Act (the “Dxxx-Xxxxx Act”), then if required by the Dxxx-Xxxxx Act or any of its regulations he will enter into an amendment to this Agreement or a separate written agreement with the Company to comply with the Dxxx-Xxxxx Act and any of its regulations.

Appears in 7 contracts

Samples: Executive Employment Agreement (Immune Therapeutics, Inc.), Employment Agreement (Provention Bio, Inc.), Employment Agreement (Provention Bio, Inc.)

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Recoupment of Erroneously Awarded Compensation. Any incentive-based or other compensation paid to the Executive Employee under this Agreement or any other agreement or arrangement with the Company which is subject to recovery under any law, government regulation, stock exchange listing requirement or any clawback policy adopted by the Company from time to time will be subject to the deductions and clawback as may be required by such law, government regulation, stock exchange listing requirement or clawback policy. In addition, if the executive Employee is or becomes an executive officer subject to the incentive compensation repayment requirements of the DxxxXxxx-Fxxxx Xxxxx Xxxx Street Reform and Consumer Protection Act (the “DxxxXxxx-Xxxxx Act”), then if required by the DxxxXxxx-Xxxxx Act or any of its regulations he will enter into an amendment to this Agreement or a separate written agreement with the Company to comply with the DxxxXxxx-Xxxxx Act and any of its regulations.

Appears in 3 contracts

Samples: Employment Agreement (DelMar Pharmaceuticals, Inc.), Employment Agreement (Adgero Biopharmaceuticals Holdings, Inc.), Employment Agreement (Adgero Biopharmaceuticals Holdings, Inc.)

Recoupment of Erroneously Awarded Compensation. Any incentive-based or other compensation paid to the Executive Employee under this Agreement or any other agreement or arrangement with the Company which is subject to recovery under any law, government regulation, stock exchange listing requirement or any clawback policy adopted by the Company from time to time will be subject to the deductions and clawback as may be required by such law, government regulation, stock exchange listing requirement or clawback policy. In addition, if the executive Employee is or becomes an executive officer subject to the incentive compensation repayment requirements of the Dxxx-Fxxxx Xxxx Street Reform and Consumer Protection Act (the “Dxxx-Xxxxx Act”), then if required by the Dxxx-Xxxxx Act or any of its regulations he she will enter into an amendment to this Agreement or a separate written agreement with the Company to comply with the Dxxx-Xxxxx Act and any of its regulations.

Appears in 2 contracts

Samples: Employment Agreement (Adgero Biopharmaceuticals Holdings, Inc.), Employment Agreement (Adgero Biopharmaceuticals Holdings, Inc.)

Recoupment of Erroneously Awarded Compensation. Any incentive-based or other compensation paid to the Executive under this Agreement or any other agreement or arrangement with the Company which is subject to recovery under any law, government regulation, stock exchange listing requirement or any clawback policy adopted by the Company from time to time will be subject to the deductions and clawback as may be required by such law, government regulation, stock exchange listing requirement or clawback policy. In addition, if the executive is or becomes an executive officer subject to the incentive compensation repayment requirements of the DxxxXxxx-Fxxxx Xxxxx Xxxx Street Reform and Consumer Protection Act (the “DxxxXxxx-Xxxxx Act”), then if required by the DxxxXxxx-Xxxxx Act or any of its regulations he will enter into an amendment to this Agreement or a separate written agreement with the Company to comply with the DxxxXxxx-Xxxxx Act and any of its regulations.

Appears in 2 contracts

Samples: Employment Agreement (DelMar Pharmaceuticals, Inc.), Employment Agreement

Recoupment of Erroneously Awarded Compensation. Any incentive-based or other compensation paid to the Executive under this Agreement or any other agreement or arrangement with the Company which is subject to recovery under any law, government regulation, stock exchange listing requirement or any clawback policy adopted by the Company from time to time will be subject to the deductions and clawback as may be required by such law, government regulation, stock exchange listing requirement or clawback policy. In addition, if the executive is or becomes an executive officer subject to the incentive compensation repayment requirements of the DxxxXxxx-Fxxxx Xxxxx Xxxx Street Reform and Consumer Protection Act (the “Dxxx-Xxxx- Xxxxx Act”), then if required by the DxxxXxxx-Xxxxx Act or any of its regulations he will enter into an amendment to this Agreement or a separate written agreement with the Company to comply with the DxxxXxxx-Xxxxx Act and any of its regulations.. Cytocom, Inc.

Appears in 2 contracts

Samples: Executive Employment Agreement (Cleveland Biolabs Inc), Executive Employment Agreement (Cleveland Biolabs Inc)

Recoupment of Erroneously Awarded Compensation. Any incentive-based or other compensation paid to the Executive under this Agreement or any other agreement or arrangement with the Company which is subject to recovery under any law, government regulation, stock exchange listing requirement or any clawback policy adopted by the Company from time to time will be subject to the deductions and clawback as may be required by such law, government regulation, stock exchange listing requirement or clawback policy. In addition, if the executive is or becomes an executive officer subject to the incentive compensation repayment requirements of the Dxxx-Fxxxx Xxxx Street Reform and Consumer Protection Act (the “Dxxx-Xxxxx Act”), then if required by the Dxxx-Xxxxx Act or any of its regulations he he/she will enter into an amendment to this Agreement or a separate written agreement with the Company to comply with the Dxxx-Xxxxx Act and any of its regulations.

Appears in 1 contract

Samples: Employment Agreement (Provention Bio, Inc.)

Recoupment of Erroneously Awarded Compensation. Any incentive-based or other compensation paid to the Executive under this Agreement or any other agreement or arrangement with the Company which is subject to recovery under any law, government regulation, stock exchange listing requirement or any clawback policy adopted by the Company from time to time will be subject to the deductions and clawback as may be required by such law, government regulation, stock exchange listing requirement or clawback policy. In addition, if the executive is or becomes an executive officer subject to the incentive compensation repayment requirements of the DxxxXxxx-Fxxxx Xxxxx Xxxx Street Reform and Consumer Protection Act (the “DxxxXxxx-Xxxxx Act”), then if required by the DxxxXxxx-Xxxxx Act or any of its regulations he she will enter into an amendment to this Agreement or a separate written agreement with the Company to comply with the DxxxXxxx-Xxxxx Act and any of its regulations.

Appears in 1 contract

Samples: Employment Agreement

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Recoupment of Erroneously Awarded Compensation. Any incentive-based or other compensation paid to the Executive under this Agreement or any other agreement or arrangement with the Company which is subject to recovery under any law, government regulation, stock exchange listing requirement or any clawback policy adopted by the Company from time to time will be subject to the deductions and clawback as may be required by such law, government regulation, stock exchange listing requirement or clawback policy. In addition, if the executive is or becomes an executive officer subject to the incentive compensation repayment requirements of the Dxxx-Fxxxx Xxxx Street Reform and Consumer Protection Act (the “Dxxx-Xxxxx Act”), then if required by the Dxxx-Xxxxx Act or any of its regulations he will enter into an amendment to this Agreement or a separate written agreement with the Company to comply with the Dxxx-Xxxxx Act and any of its regulations.. [Signature Page Follows]

Appears in 1 contract

Samples: Executive Employment Agreement (Marizyme Inc)

Recoupment of Erroneously Awarded Compensation. Any incentive-based or other compensation paid to the Executive under this Agreement or any other agreement or arrangement with the Company which is subject to recovery under any law, government regulation, stock exchange listing requirement or any clawback policy adopted by the Company from time to time will be subject to the deductions and clawback as may be required by such law, government regulation, stock exchange listing requirement or clawback policy. In addition, if the executive is or becomes an executive officer subject to the incentive compensation repayment requirements of the DxxxXxxx-Fxxxx Xxxxx Xxxx Street Reform and Consumer Protection Act (the “DxxxXxxx-Xxxxx Act”), then if required by the DxxxXxxx-Xxxxx Act or any of its regulations he will enter into an amendment to this Agreement or a separate written agreement with the Company to comply with the DxxxXxxx-Xxxxx Act and any of its regulations.. [SIGNATURE PAGE FOLLOWS] Cytocom, Inc.

Appears in 1 contract

Samples: Executive Employment Agreement (Cleveland Biolabs Inc)

Recoupment of Erroneously Awarded Compensation. Any incentive-based or other compensation paid to the Executive under this Agreement or any other agreement or arrangement with the Company which is subject to recovery under any law, government regulation, stock exchange listing requirement or any clawback policy adopted by the Company from time to time will be subject to the deductions and clawback as may be required by such law, government regulation, stock exchange listing requirement or clawback policy. In addition, if the executive is or becomes an executive officer subject to the incentive compensation repayment requirements of the Dxxx-Fxxxx Xxxx Street Reform and Consumer Protection Act (the “Dxxx-Xxxxx Act”), then if required by the Dxxx-Xxxxx Act or any of its regulations he she will enter into an amendment to this Agreement or a separate written agreement with the Company to comply with the Dxxx-Xxxxx Act and any of its regulations.

Appears in 1 contract

Samples: Employment Agreement (Provention Bio, Inc.)

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